Towards Financial Freedom
F&N begins integration with ThaiBev
F&N begins integration with ThaiBev. Fraser and Neave (F&N) has begun the process of integrating with Thai Beverage Public Co by creating two senior appointments. Ng Jui Sia, the chief executive of F&N's Malaysia-listed F&N Holdings Bhd, has been appointed as CEO for non-alcoholic beverages. Huang Hong Peng has been named CEO for beer. F&N, which also has businesses in property and in publishing, announced that it was looking into strategic options that could include splitting the property and non-property businesses. F&N shares closed at $8.73 on Monday, up by 1.7 per cent or 15 cents, before the new appointments were announced. (Business Times)
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